What's the difference between bookkeeping and debit?

Bookkeeping


Definition:

  • (n.) The art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts. The books commonly used are a daybook, cashbook, journal, and ledger. See Daybook, Cashbook, Journal, and Ledger.

Example Sentences:

  • (1) Francisco Moreno, an unemployed bookkeeper, scoffed at Spanish leaders' calls on the public to be patient.
  • (2) Bookkeeping suggests that some K(+) influx be called active.
  • (3) Most hospitals use time clocks for nonsalaried employees for bookkeeping purposes; dissatisfaction with this method of tracking hours worked does not appear to be widespread.
  • (4) The virtues of graft were drummed in by his parents, Nettie, a bookkeeper and Martin, an engraver – so successfully that at 17 Woody was earning more than them both combined , rattling out gags for comedians and columnists.
  • (5) Shortly afterwards, the heiress's former bookkeeper claimed Bettencourt had made illegal cash donations to Sarkozy's 2007 presidential election campaign, an allegation vehemently denied by the French leader and his entourage.
  • (6) "This will mean the end of the quite onerous bookkeeping and segregation of supplies, equipment and people that were necessary under the Bush executive order," he said.
  • (7) "This will mean the end of the quite onerous bookkeeping and segregation of supplies, equipment and people that were necessary under the Bush executive order," said BD Colen, spokesman for the institute in Cambridge, Massachusetts.
  • (8) The person(s) responsible for bookkeeping and accounting should choose carefully, ensuring that any system is easy to use, has been thoroughly tested, and provides at least as much control over office records as has been outlined in this article.
  • (9) Vanessa Chantal Paradis – granted such a birth name you'd feel, surely, that you had failed if you ended up, at 37, bookkeeping for a toilet supplies company rather than, say, having a string of bestselling albums, a swish-sexy batch of films behind you, and a partner regarded even by men as the sexiest actor in the world… Ms Paradis, who is still not Mrs Depp, is a cool, measured draught of sanguine thoughtfulness, which is not quite what I had expected.
  • (10) The secret to good bookkeeping is to keep it up to date on a daily basis.
  • (11) In the past, a PC's "jobs" have included education, bookkeeping, business workflows (where Office especially dominates), media creation and consumption, internet-based communication (text, audio or visual) and social media.
  • (12) The same applies to underhand accounting practices: the shopper who rumbles Tesco’s shoddy pricing strategy can’t be expected to extend their scrutiny to the supermarket’s internal bookkeeping.
  • (13) Jacqueline Ruge, 44, a bookkeeper from Berlin, says she understands the need to help out Germany's neighbours, but this generosity should not be abused.
  • (14) Computers can calibrate and monitor instrument performance regularly, and can handle managerial and clerical duties such as bookkeeping.
  • (15) In the basement archives of a local arts and crafts museum where the books and bookkeeping registers were handled, a woman on the museum staff had had ten attacks of fever, chill, nausea and cough during one year.
  • (16) Whether you’re a bookkeeper, a supplier, a driver, a cook, whatever you are, if what you’re doing helps the machinery of death of a regime to keep rolling, you should be called to account.
  • (17) In the past, erring executives have rarely got prison time for their roles in shady bookkeeping.
  • (18) The page was sent to Ballou on 31 January 1968, several weeks before King was assassinated, by Lillie Hunter, bookkeeper for the SCLC and secretary to Ralph Abernathy – a close associated of King.
  • (19) Beginning in the 1920s and culminating in the work of Kinsey in the 1940s and 1950s, a tradiition of social bookkeeping began focusing on the sexual behavior of relatively normal persons.
  • (20) She was at home until my younger sister went to primary school and then worked only school hours as a bookkeeper until we were in our teens: she was always there, taken for granted in the background.

Debit


Definition:

  • (n.) A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.
  • (v. t.) To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
  • (v. t.) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Example Sentences:

  • (1) The debit card doubles as a Clubcard, and customers will be able to earn points wherever they use it.
  • (2) Target’s data breach in 2013 exposed details of as many as 40m credit and debit card accounts and hurt its holiday sales that year.
  • (3) Ensuring residents have multiple ways to pay (such as via a text message or through a smartphone app) will also be important as they offer residents the control they feel they have with cash and can be used to top up a direct debit.
  • (4) It comes with a full banking service including a cash card but no debit card, chequebook or overdraft.
  • (5) CPAs are similar to direct debits in that they enable a company to control the size and frequency of payments from the customer's account.
  • (6) The Tesco Bank current account offers 3% interest on credit balances, Clubcard points on all debit card spending, and a "simple and transparent" fees and charges structure.
  • (7) JD, Oxford More than three months to get a replacement debit card is ridiculous, and we agree that you have been more than patient.
  • (8) Hours after Greece’s bailout programme with its creditors expired and the country became the first in the developed world to miss an IMF loan repayment, Greek pensioners without debit cards were at last able to withdraw some cash.
  • (9) The second debit sent him overdrawn leaving him unable to access any funds.
  • (10) In 2014, hackers stole information on an estimated 56 million debit and credit card customers from Home Depot .
  • (11) Pay by direct debit This can save consumers up to 10% or about £100 a year, according to Citizens Advice .
  • (12) As part of an ongoing investigation into credit brokers, the company was found to have used high-pressure sales tactics to persuade consumers to provide their debit or credit card details on the false premise that they were needed for an identity or security check.
  • (13) The £5 a month is to ensure that customers do not face further banking charges when payments are returned unpaid for direct debits and standing orders.
  • (14) The average debit card was used to make 94 purchases in 2013, with the total amount spent per card typically coming in at just over £4,000.
  • (15) However, hyperimmunoglobulinemia tends to show elevated hydrochloric acid debit.
  • (16) As students across Britain began closing accounts at the bank, HSBC reacted by freezing interest on overdrafts Letter chain Millions of template letters downloaded from internet sites - including theguardian.com - forced the banks into this week's court case to clarify the legal basis of charges such as those for bounced cheques and direct debits.
  • (17) He said he was considering requiring energy companies to put some direct debit customers on low tariffs with a customer's right to opt out.
  • (18) Allowing tenants to set the date the direct debit leaves their account also boosts take-up.
  • (19) The results point out that the phase of cell-specific function is distinctly lengthened to the debit of a reduced rate of mitosis.
  • (20) Choose an online tariff Scottish Power, British Gas and npower are among the providers which offer their best deals to customers willing to pay by direct debit and manage their account online.

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